How much of that potential can be translated back to the Australian economy?
JULIA GILLARD: I think a lot of that potential can be translated back to the Australian economy. We share a lot of things with California, I think. We’re parts of the world that have to worry about water scarcity; we’re parts of the world that have to worry about bushfires; and of course we’re parts of the world that are dealing with the challenge of climate change. What has been interesting coming here, Tony, is we have of course in California, Governor Arnold Schwarzenegger, a Republican from the conservative side of politics who has lead the way here in California on climate change. He, seven years ago as Governor, started in this state the move towards adapting this economy for climate change; the creation of the new green economy of the future. That stands in stark contrast to what the Liberal Party was doing back home, with the former Liberal Government caught in climate change inaction and denial. California is synonymous I think in people’s minds with innovation and we’ve certa
